Applications

ApplicationsIn The News

Mortgage Application Payments Decreased Slightly In August

Homebuyer affordability improved modestly in August, with the national median payment applied for by purchase applicants decreasing to $2,162 from $2,175 in July. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

Read More